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peter doocy has details this morning on the latest developments from washington. good morning, peter. >> good morning, eric. spieger boehner said negotiations are nowhere, period and he called treasury secretary tim geithner's presentation of the white house proposal to avoid the fiscal cliff earlier in week "nonserious." >> i was flabbergasted. i lookedded a him like you can't be serious. i've just never seen anything like it. you know we have seven weeks between election day and the end of the year. three of those weeks have been wasted with this nonsense. >> reporter: here is what has the speaker flabbergasted. the white house would like to raise tax rates on top earners to where they were in the clinton administration, 39.6%. they would also like to raise $1.6 trillion with new taxes over the next decade, while cutting about $400 billion through entitlement reform. although, those cuts are not specific and not guaranteed. but the treasury secretary says the administration's plan is fiscally responsible and would prevent taxes from going up on 98% of americans.
peter doocy has details this morning on the latest developments from washington. good morning, peter. >> good morning, eric. spieger boehner said negotiations are nowhere, period and he called treasury secretary tim geithner's presentation of the white house proposal to avoid the fiscal cliff earlier in week "nonserious." >> i was flabbergasted. i lookedded a him like you can't be serious. i've just never seen anything like it. you know we have seven weeks between election...
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Dec 1, 2012
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gregg, back to you. >> gregg: steve live in washington. thank you. a little more context on the spike in our national debt over the fast 12 years. january of 2001, president george w. bush taking office. our national debt stood at $5.7 trillion. by the time he left eight years later, january of 2009, the debt was over 10.6 trillion. as of this week, our debt is $16.3 trillion. a must see fox news sunday tomorrow, we'll have exclusive interview with republican speaker of the house, john boehner, as well as interview with treasury secretary tim geithner who is the president's lead negotiator in the fiscal cliff talks. all tomorrow on fox news sunday, check your local listings for the time and channel in your area. >> heather: wicked weather out west pounding parts of northern california for a second day in a row. the rain soaked area bracing for more stormy weather today. new warnings of potential mudslides and flash floods after yesterday's system washed out streets, brought down power lines, knocking out electricity to thousands. dominic is live for
gregg, back to you. >> gregg: steve live in washington. thank you. a little more context on the spike in our national debt over the fast 12 years. january of 2001, president george w. bush taking office. our national debt stood at $5.7 trillion. by the time he left eight years later, january of 2009, the debt was over 10.6 trillion. as of this week, our debt is $16.3 trillion. a must see fox news sunday tomorrow, we'll have exclusive interview with republican speaker of the house, john...
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it is happening in washington and why they can contribute. honorflight93.org. >> it is on the screen. it is important to not forget those who gave so much to the country. >> thank you, both. appreciate it >> hurricane sandy left many people homeless . now victims, moms and dad and children living in shelters this time are going to get a break. anais joining us live with more. >> hey, there, uma, camp sandy is serving kids and parents . they are getting break. playing games and eating good food. we'll talk to the camp director, next. this family used capital one venture miles to come home for the holidays. that's double miles you can actually use... sadly, their brother's white christmas just got "blacked out." [ brother ] but it's the family party! really jingles your bells, doesn't it? my gift to you! the capital one venture card! for any flight, any time! that's double miles you can actually use! how illuminating. what's in your wallet? let me guess, am on the naughty list again? ho ho ho! i had[ designer ]eelingm enough of just covering up
it is happening in washington and why they can contribute. honorflight93.org. >> it is on the screen. it is important to not forget those who gave so much to the country. >> thank you, both. appreciate it >> hurricane sandy left many people homeless . now victims, moms and dad and children living in shelters this time are going to get a break. anais joining us live with more. >> hey, there, uma, camp sandy is serving kids and parents . they are getting break. playing...
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Dec 23, 2012
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national correspondent live in washington with the details. good morning, steve. >> good morning, eric. the two sides in the fiscal cliff debate had their say before heading home for christmas, but no deal of course. after house speaker john boehner called off his push for a plan b last week saying the ball is now in the democrats' court. there has been no movement toward any deal. democrats want tax hikes for the wealthy. republicans want spending cuts. and some in the gop say the president doesn't want to avoid the fiscal cliff. >> when i listen to the president, i think the president is eager to go over the cliff for political purposes. i think he sees a political victory at the bottom of the cliff. he gets all of this additional tax revenue for new programs and he gets to cut the military which democrats have been calling for for years and he gets to blame republicans for it. >> president obama for his part said he is optimistic a deal can still be reached. he spoke at the white house friday before leaving for hawaii where he is now. but a
national correspondent live in washington with the details. good morning, steve. >> good morning, eric. the two sides in the fiscal cliff debate had their say before heading home for christmas, but no deal of course. after house speaker john boehner called off his push for a plan b last week saying the ball is now in the democrats' court. there has been no movement toward any deal. democrats want tax hikes for the wealthy. republicans want spending cuts. and some in the gop say the...
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what the heck is going on in washington? >> listen, the president has offered a base to start with, but it's pretty laughable. again, offering more surplus money and 1.6 trillion dollars of tax increases, that's not something that republicans can live with. but, dick, you are right we should go there with specifics and what we want to happen, but we do have a starting point from president obama. >> dick, where do you see this ending? are we going to jump over that fiscal cliff? >> i don't think so. i think the president's made an offer and i hope that republicans, responsible republicans will make a counter offer that, you know, that maybe some democrats will say is laughable and then let's get down and talk about trying to meet in the middle somewhere. there's going to have to be revenue increases, there's going to have to be spending cuts and we realize that and that's what the american people voted for in november. so i'm hoping that reason minds on both sides of the aisle may come together and that may be whistling in th
what the heck is going on in washington? >> listen, the president has offered a base to start with, but it's pretty laughable. again, offering more surplus money and 1.6 trillion dollars of tax increases, that's not something that republicans can live with. but, dick, you are right we should go there with specifics and what we want to happen, but we do have a starting point from president obama. >> dick, where do you see this ending? are we going to jump over that fiscal cliff?...
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and now, live to washington with the latest. steve? >> that deadline for action could be fast approaching but the two sides do not appear to be in a hurry, instead of negotiating a deal the players spent their unsunday in -- sundy taking their views to the public. speaker boehner appeared on fox news sunday expressing his surprise when geithner laid out the white house plan of action, calling for a new revenue and stimulus spending. >> i was flabbergasted. i have never seen anything like it. we have several weeks between election day and the end of the year and three of those weeks have been wasted with this nonsense. >> for his part, secretary geithner saying the ball is new in the g.o.p.'s court and he says the administration is ready to move forward if republicans agree to raise taxes on wealthy americans and specify their own demands for reducing government spending and he defended the plan that speaker boehner says is not a serious proposal. >> we think that is a very good southwest proposals and that is good for the economy. if y
and now, live to washington with the latest. steve? >> that deadline for action could be fast approaching but the two sides do not appear to be in a hurry, instead of negotiating a deal the players spent their unsunday in -- sundy taking their views to the public. speaker boehner appeared on fox news sunday expressing his surprise when geithner laid out the white house plan of action, calling for a new revenue and stimulus spending. >> i was flabbergasted. i have never seen anything...
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Dec 9, 2012
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everyone in washington does. that is the dirty secret and no one will talk about it. >> he said the principles were paramount, more important than republican orthodoxcy and he is cut and run. greg high said he could pursue his principles better by advocating on behalf of the heritage foundation and giving money to organizations to push our cause. >> it is another sign of the disarray on the right. since the election, this has totally spun out-of-control. >> you are the outsider, railing at the gates and you go to the insider heritage foundation for $1.5 million. god bless his soul. >>gregg: the grand barring on would raise the eligibility for medicare and, also, increase medicare premiums to the rich, upper income earners. is that workable? >> it is workable. the means testing i, c.p.i. gets lost in the equation and raising the age is --. >>gregg: the president is doing which? >> i don't know but if he get as big deal that stabilizes the economy --. >>gregg: you say no? >> i don't think the democrats will go with
everyone in washington does. that is the dirty secret and no one will talk about it. >> he said the principles were paramount, more important than republican orthodoxcy and he is cut and run. greg high said he could pursue his principles better by advocating on behalf of the heritage foundation and giving money to organizations to push our cause. >> it is another sign of the disarray on the right. since the election, this has totally spun out-of-control. >> you are the...